Silicon Insider: The Venture-Capital Industry, Once the Pride of American Entrepreneurialism, May Have Reached a Tipping Point
Is the venture capital model "broken"?
If so, heaven help us. Because if it is, the recession we're sliding into will prove to be even deeper and darker than we imagine.
Venture capital's troubles have become a popular subject of conversation in recent weeks, not least because of the recent announcement that so far in 2008 only six venture-backed companies had managed to "go public" with their first sale of stock. That compares with 86 a year ago, and 265 during 2000, the last dot-com bubble... Full Story
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